SRF LTD Consolidation BreakoutSRF LTD Consolidation Breakout Happened Today With Good Volume. It will test the All time high again
Target : 2550
SRF trade ideas
SRF is ready for blast and Target is BigSRF is ready for blast any time.
I am Expecting Target above 3000 in some few Months only.
If you have a positional traders so buy and hold it.
Going long on SRF for short termPrevious Close: ₹2495
Buy at: ₹2472 (buy during consolidation)
1st Target Price: ₹2584
Stop-Loss: ₹2437.80
Duration: 1 week
#SRFSimple Strength candle bases retest happened for SRF where the previous candle was reached and then the stock moved up.
Overall touches the Shunted level
SRF AFTER 4 FOR 1 BONUS...CURRENT TREND AT SUPPORTSRF TODAY become ex split (4:1, i.e 1 share become 5share)..
so price adjusted accordingly..
if one see on monthly chart it at one of trendline support area..
long term. some fibo level drawn.
let us observe what it will do??
decide on ur own. risk is your.
SRF likely to retrace from cmp 2390.00SRF has moved 1.618% upside from earlier retracement and now struggling to move above those levels of 2410.00 around. Likely the stock will retrace back the rally upto 38% to 40% of original move. Strict Stop Loss 2415.00 around
SRF is ready to move ..SRF is ready to move after consolidation. Do your own analysis before investing..
ROUNDED BOTTOM IN THE MAKING - MAY CHANGE TO CUP & HANDLE Price movement has led to Rounded Bottom in the making. If the price faces temporary resistance at 2498.58 then it may change to Cup & Handle - Bullish
SWING TRADE - R:R - 1:2 - SRF LTD (NSE:SRF) Potential Opportunity as Swing Trade in NSE:SRF and also predicting positive for long term investment.
TRENDING LINE BORKEN, ONCE ITS TAKE RETRACE ACTION IT WILL REFLECT UPSIDE AS PREDICTION
RISK TO REWARD - 1:2
Entry - 2247
Target - 2750
Stop Loss - 1995
This is for Educational Purpose only, apply your prudence & consult your adviser before investing.
#nse #swingtrade #nifty #SRFLTD #SRF
Buy Today Sell Tomorrow: SRF for more than 5%Below: LOOK AT PAST PERFORMANCE TO BUILD CONVICTION
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
SRF - Swing ViewSRF : Swing view
Looks good for Ascending triangle breakout
Long above 2260 Small resistance at 2280
Support at 2235
SRF breakoutHere SRF is looking bullish for short term, breaking the high volume node region and gaining sharply in the last 15 minutes.
BULLISH FLAG PATTERNStock has formed a bullish flag pattern on weekly chart. A positive breakout equivalent to length of flag may be expected. Weekly RSI does offer potential of a positive breakout as it is not yet overbought. RSI on monthly chart however is slightly below overbought zone at 78.59. Thus, we shall expect limited upside
Breakdown of RSPrice has broken horizontal range and probably forming a downward sloping channel
RS turns negative indicating short term fall till consolidation zone of 1725-1855
Key levels
2050 low of horizontal channel
1978 last swing low*
1855 last breakout level
SRF Ltd Cmp 2090 dated 2.12.2021SRF Ltd Cmp 2090 dated 2.12.2021
1. Rectangle Consolidation support @ 2020.
2. RSI Divergence.
Buy for a tgt of 2165-2210-2300 SL 2000
It is just a view, pls trade at your own risk.
NEGATIVE BREAKOUT - BEARISH FLAG PATTERN Stock is in the process of a downward price movement. One can consider it as the negative breakout of bearish flag pattern. Stock is overbought on monthly candlestick chart. Thus, more likely that stock will further decline.
